IBT Staff Reporter

Taipei-based QNAP System on Monday introduced the SS-839 Pro Turbo NAS, the world's smallest 8-bay, Intel Atom network attached storage solution supporting eight 2.5-inch hard drives.

Electric car start-up Tesla Motors Inc has slashed production costs for its flagship Roadster sports car by 43 percent to about $80,000 per vehicle as of June, its chief executive said on Monday.

On Monday, Apple releases a MacBook Pro EFI Firmware Update 1.7 to fix the MacBook Pro's SATA interface which was reported last week that it was limited to 1.5 in previous models.

Nokia Siemens Networks and Nortel signed USD$650 million planned acquisition agreement to purchase LTE and CDMA assets.

Hard drive and storage solution Seagate on Monday unleashed three new drives, including the BlackArmor NAS 220 storage servers, WS 110 external drive and PS 110 portable drive.

China will not back away from its July 1 launch date for the controversial anti-pornography computer filter Green Dam Youth Escort, a Ministry of Industry and Information Technology (MIIT) source said on Monday.

The U.S. Department of Energy granted funds from the stimulus package to Michigan and Iowa on Monday to support energy efficiency and renewable energy projects totaling more than $48 million.

Six people died, including a train operator on Monday in Washington DC when two Metrorail trains collided shortly after 5 p.m. EST between the Fort Totten and Takoma stations, according to a Washington Post reporter blog updated at 8:33 p.m.

R&B singer Chris Brown pleaded guilty in Los Angeles Superior Court to a charge of felony assault against his former girlfriend and fellow singer Rihanna, avoiding jail time.

The rumors can end. Jon Gosselin and wife Kate from the TV series Jon & Kate Plus Eigth filed for divorce on Monday afternoon, People Magazine reports.

A medical student known as the Craigslist killer pleaded not guilty on Monday to first-degree murder and six other charges related to violent attacks against women who advertised on the popular website.

While General Motor is struggling in US, its joint venture in Shanghai has sold its two millionth Buick in China as sales have grown rapidly, the auto giant said on Tuesday.

Washington D.C. saw its deadliest crash ever after two subway trains collided during rush hour on Monday.

Apple Chief Executive Steve Jobs showed up for work on Monday and was spotted leaving the main corporate campus in Cupertino, California, a Reuters witness said.

Apple Chief Executive Steve Jobs showed up for work on Monday and was spotted leaving the main corporate campus in Cupertino, California, a Reuters witness said.

U.S. billionaire Len Blavatnik filed a lawsuit against JPMorgan Chase on Monday, accusing the bank of mismanaging an investment account that held about $1 billion in assets owned by Blavatnik's industrial holding company, Access Industries.

After 74-years, Eastman Kodak Co. decided to end the production of KODACHROME, film the world’s first commercially successful color film in 1935.

Steve Jobs was quoted in a press release and reportedly spotted at the Apple campus on Monday, raising speculation that the chief executive may have returned to work.

U.S. firearms maker Smith & Wesson Holding Corp's quarterly profit more than doubled and topped estimates, as demand for its handguns and tactical rifles remained strong.

Microsoft has released a new beta version toolkit for system upgrading assessment and planning for Windows 7 and Windows Server 2008 R2 migration and virtualization projects.

On Monday, Oracle unveiled its new Agile Product Lifecycle Management (PLM) version 9.3 that helps Mitigate Risk, Reduce Costs and Increase User Productivity.

Corporate sentiment surveys from Germany and Japan showed glimmers of hope on Monday, contrasting with grim global outlooks from the World Bank and Organisation for Economic Cooperation and Development.

If it were in a position to do so, Al Qaeda would use Pakistan's nuclear weapons in its fight against the United States, a top leader of the group said in remarks aired Sunday.

Iran began three days of airforce exercises on Monday in the Gulf and the Sea of Oman to raise operational and support capability, Iranian media said.

Doctors in the United States fail to tell patients about abnormal test results 7 percent of the time, or a rate of about 1 out of every 14 tests, U.S. researchers said on Monday.

Drugmakers Merck & Co (MRK.N) and Schering-Plough Corp (SGP.N) have received requests from U.S. antitrust regulators for more information on their proposed merger estimated to be worth more than $40 billion.

Americans are struggling to pay for healthcare in the ongoing economic recession, with a quarter saying they have had trouble in the past 12 months, according to a survey released on Monday.

Stocks suffered their worst one-day loss in two months, dropping the S&P 500 back into negative territory for the year on Monday in a broad-based sell-off, as investors reconsidered the health of the economy.

HP on Monday introduced the world first printer that connects directly to the web.